Geneva could soon have a hospitality tax.
The Finger Lakes Times reported over the weekend that it’s one of the ways the City is looking to underwrite costs long-term maintenance costs for streetscape changes along 5&20.
Hospitality taxes are relatively common.
Local leaders don’t believe a local hospitality tax would prevent people from staying at hotels in the city. The city already has a room tax, though, so this would be in addition to that.
A 3% hospitality tax would generate a little under $300,000 per year from the city’s four hotels.
So far, it’s unclear if City Council will consider it.
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